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20 Jan
15:09

MIIT to extend NEV tax benefits in China

China's Ministry of Industry and Information Technology (MIIT) has decided to further clarify the details surrounding new energy vehicle purchase tax preferential policies and vehicle and vessel tax incentives, Kallanish learns.  MIIT says it will "study and clarify (NEV) supporting policies such as the continuation of tax incentives as soon as possible, improve the requirements for carbon dual-credit management, and stabilise market expect…
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